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PG&E’s Latest Energy Storage Procurement Includes Fleet of Behind-the-Meter Batteries

GreenTechMedia

Pacific Gas & Electric is asking state regulators to approve another massive round of energy storage procurements, including its first large-scale contract for behind-the-meter batteries to serve grid needs. The 15-year agreement calls for Nexus Renewables U.S., gigawatt-hours, of energy storage projects.

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California’s Shift From Natural Gas to Solar Is Playing a Role in Rolling Blackouts

GreenTechMedia

Electricity demand for air conditioning throughout the region stretched California's power capacity and limited the state's ability to import power from nearby states. But “batteries [alone] won’t fix this problem,” he said, since they can’t generate their own power.

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California Demands 3.3GW of New Resources by 2023 to Meet Looming Grid Shortfall

GreenTechMedia

gigawatt "all-source" procurement that will pit new renewables, energy storage, demand response and other clean resources against natural gas-fired power plants in a race to meet what could be a major shortfall in grid capacity in the next four years. The all-source procurement is technically open to existing natural gas plants.

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. gigawatt reliability resources procurement between 2021 and 2023.

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Xcel Targets $1.4B in Wind and Solar Investments, Outlines Broader Carbon-Reduction Goals

GreenTechMedia

But they’re also part of a broader Upper Midwest Energy Plan that includes increasing its wind portfolio by about 3,700 MW, or about 55 percent, by 2022, and adding about 3,000 MW of solar to its current 750 MW by 2030. Existing battery technologies are “definitely part of these peaking resources,” he said.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Hydrogen Economy” report forecasts that hydrogen from low-carbon sources could supply roughly 14 percent of the country’s energy needs by 2050, including hard-to-electrify sectors now dependent on natural gas such as high-heat industrial processes or manufacturing fertilizer.

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Treasury Department Announces Second Round of Section 48C Tax Credit for Clean Energy Manufacturing Facilities

38 North Solutions

Overview When Congress passed the Inflation Reduction Act of 2022 (IRA), it reinstated (and expanded) the Section 48C tax credit from the American Recovery and Reinvestment Act of 2009. However, this would only apply to the facility in question, meaning a company could use 48Cfor one facility, and 45X for another.

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